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Preparing Merchants For The Coming Mobile Wallet Boost

PYMNTS

Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”. Not long ago, contactless meant using tangible cards — the type pulled from wallets and waved at the terminals. Even waving the card at the point of sale (POS) may face headwinds because of transaction limits.

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Everyone Wants Under the Apple Tree

Gonzobanker

Never in the history of payments has there been such a media-frenzied, corporate disrupting and consumer-captivating moment as last week’s unveiling of Apple Pay as part of this week’s release of the iPhone 6. Apple shrewdly coopted its greatest weakness as an inexperienced new entrant. Where does it go from here? No one really knows.

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Here’s How to Become More Than the Branch Next Door

Gonzobanker

It’s sort of like asking Taylor Swift to give up singing to take a job handling financial fraud instead. But that doesn’t mean bank execs can give up. We’re in an era where competitors include Square, PayPal, Apple and Chime, and they’re guzzling up customers. bank’s fintech partners. 27 for Smarter Bank LIVE.

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Getting Mobile Ready

Independent Banker

The latest twists came in September, when one of the biggest technology and payments events of the year featured the announcement of Apple Inc.’s s entry into the payments business with Apple Pay. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

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5 Payments Themes Bankers Need to Watch in 2018

Gonzobanker

What bankers can control is net new checking accounts, active cards in wallet, and transaction volumes per month. But many community banks and credit unions have done very well targeting market segments that respond to cash-back programs, or no rewards program at all. Fine-tuning fraud system rules also paid off.

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The Three Things Every Digital-Card App Needs

PYMNTS

The wave of digitization that has picked up incredible speed in banking over the past half year isn’t strictly a new trend, Randy Piatt , head of product solutions for Ondot Systems , told PYMNTS. Morgan Chase, Bank of America, etc. — and the digital challenger banks. He said banks must do three key things to make that happen.

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Debit, ATMs And The New Age Of Bank Branches

PYMNTS

Debit cards, default cards, banks both bricks-and-mortar and digital. That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? Debit card usage is habit-driven, he said, and habit has grown roots over the last several years.

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